Czech Republic - Pay improvements documented - December 31, 2017

Preliminary figures from the Statistical Office confirmed the ongoing surge in wages for most workers. The numbers for the third quarter of 2017 show average gross wages increased by 6.8% from June to September 2017 compared with the same quarter in 2016. When the impact of inflation - still above the central bank’s target figure of 2.0% - is taken into account this means a real wage increase of 4.2%. The median wage, that midway between the highest and lowest levels, comes in at a lower 25,181 crowns (978 euro), but the average annual rise is a higher 7.1%. This suggests that many lowest wage earners are receiving bigger pay rises. 

Read on: in English …   

For more information, please contact the editor Jan Cremers or Nuria Ramos Martin, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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